Subject: File Number SR-FINRA -2009-008

This letter is being sent to you out of my deep concern for how the
government continues to set additional layers of regulation and put in
place practices that burdent the productive part of our society. In
particular, proposed changes to our securities registration requirements,
that may require not only additional time and work, but have not positive
effect on protecting the pubilc at large.

I am an insurance agent and financial advisor who has spent many years
providing valuable services to and looking out for the interests of my
clients. I am writing to express the significant concerns I have regarding
certain aspects of FINRA's proposal to revise Forms U4 and U5. While
certain parts of the FINRA proposal are warranted and appropriate, my
specific concern is with that part of the proposal that would revise Forms
U4 and U5 to essentially require the reporting of allegations of sales
practice violations made against a registered person that are contained in
the body of an arbitration claim or lawsuit in which that person is not
named as a party. In other words, a person would have to report
allegations of sales practice complaints made against that person as long
as the person was either named in or could be identified from the body of
the claim, even if the person is not a party to the lawsuit or arbitration
proceeding.

I must strenuously oppose the imposition of this "guilty before charged"
standard which could result in my reputation and livelihood being
irreparably damaged by unsubstantiated claims made in a proceeding in
which I have not been named as a defendant or respondent. While I strongly
believe that people who engage in unscrupulous or misleading sales
practices should be aggressively prosecuted and subject to appropriate and
meaningful sanctions, the SEC should not allow someone's reputation to be
irreparably damaged by unproven claims or allegations made in a lawsuit or
arbitration proceeding in which the individual has not been named as a
party. Furthermore, a named party to a lawsuit or arbitration has an
opportunity to refute the allegations against him and "clear his name."
Someone who has not been named as a party in a lawsuit or arbitration does
not have this same opportunity or ability, and any allegations made
against him will likely go unanswered and unchallenged.

I therefore request that you not approve that part of FINRA's proposal
that would require the reporting of allegations of sales practice
violations made against a registered person that are contained in the body
of an arbitration claim or lawsuit in which that person is not named as a
party. Thank you for considering my comments.